HP Stock Falls 6.5% After
Spending $13.9BN to
Acquire EDS
HP's acquisition of EDS
for $13.9BN - announced
today - will, the company
claims, double sales in
its services business
(already $16.6BN in
fiscal 2007), but that
didn't stop HP shares
tumbling today on the New
York Stock Exchange. The
price of $25 a share
represe...
May. 13, 2008 04:00 PM Reads: 612



HP News Desk trawls the world's news information sources and brings you timely updates on Hewlett-Packard's enterprise software portfolio including operating systems, print management tools, and the OpenView application management suite.
In a press event today at
HP company headquarters,
HP announced that it has
sharpened the focus of
its advanced research
group, HP Labs, to
address the most complex
challenges facing
technology customers in
the next decade -
dividing its efforts into
5 areas of in...
